Project risk assessmentconduct a preliminary risk analysis, Ask an Expert

Management Studies

Project Risk Assessment

Conduct a preliminary risk analysis of your project. Please use two techniques, one qualitative and one quantitative, in supporting your evaluation of project risk. In order to do this, you will need to:

• Generate a set of likely risk factors.

• Discuss them in terms of probability and consequences.

• Develop preliminary strategies for risk mitigation.

An effective risk analysis will demonstrate clear understanding of relevant project risks, their potential impact (probability and consequences), and preliminary plans for minimizing the negative effects.

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